This Is What The CIA's Venture Capital Fund Is Investing In Now [zero hedge]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations:
intc.com/investor-relations/default.aspx
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Source: zero hedge
Submitted by Nicholas Colas of DataTrek ResearchToday we highlight the most interesting investment firm on Earth: In-Q-Tel, the US Central Intelligence Agency’s venture capital arm. The “Q” in the name is an homage to James Bond’s quartermaster. The rest of the story is even cooler than that, and what they own is a useful signpost for the direction of many disruptive technologies.The US Central Intelligence Agency runs a venture capital fund called In-Q-Tel, based in Arlington, Virginia. A few quick facts, courtesy of LinkedIn and the company’s website:IQT has 186 active employees, with operations in the Bay Area as well as DC.Its mission is “To identify and partner with startup companies developing innovative technologies that protect and preserve our nation’s security.”The current CEO and President is Chris Darby, an Intel Corp alum. The lead partner is Steve Bowsher, who is based in San Francisco and has the usual Harvard/Stanford educational credentials common in the VC community.
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- Intel Co. (NASDAQ: INTC) had its price target lowered by analysts at Wells Fargo & Company from $43.00 to $38.00. They now have an "equal weight" rating on the stock.MarketBeat
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- Intel Co. (NASDAQ: INTC) had its price target lowered by analysts at Roth Mkm from $45.00 to $35.00. They now have a "neutral" rating on the stock.MarketBeat
- Intel Co. (NASDAQ: INTC) had its price target lowered by analysts at Truist Financial Co. from $45.00 to $33.00. They now have a "hold" rating on the stock.MarketBeat
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